Sentences with phrase «average tax refund for»

In 2014, the average tax refund for individual taxpayers was $ 3,034 according to the IRS.

Updated April 9, 2018: The average tax refund for a single American was $ 3,050 in 2016, per Uncle Sam.

The average tax refund for Canadians in 1995 was $ 1,000.

The average tax refund for 2013 was around $ 3,000.

Texas comes out on top with the highest average tax refund for its residents.

The average tax refund for 2015 was about $ 2,893.

Not exact matches

The average income tax refund — $ 2,878 overall and $ 3,031 for those receiving the money via direct deposit, according to the IRS — could be a big help in your goal of knocking down that debt.

«Seventy - three percent of tax filers receive an average tax refund on the order of $ 3,000» — and for some 40 percent of families «this is the single largest cash infusion of the entire year.»

Federal refunds averaged $ 2,850 per income - tax return in 2014, the latest year for which data is available.

TIP: The average credit card interest rate for 2010 - 2011 is 14.43 %, so it may be a good idea for you to use your tax refund to pay off your credit card debt — you could realize a net gain of 14.43 %.

Last year's average tax refund was about $ 1,700, but this year's refund will be up to twice that for some.

For example: if you owe $ 30,000 in loans, putting an extra $ 3,000 (the average yearly tax refund) towards the balance all at once would get you to the debt - free finish line a full two years faster.

On what Canadians are planning for their average $ 1,400 tax refund, reasons for the Canada-U.S. price gap and why REITs are on the rise.

In light of minimal cash tax payments / refunds in the last few years, and further tax planning, there may also be potential for a 50 % reduction in $ 38 M liability re West - Link payments from NRA -LRB-'til 2020)-- subject to an average 3 year NPV.

If you received the average income tax refund every year for the last five years, you'd have accumulated about $ 14,000 and change.

Some states are known for having the largest average tax refunds, so depending on where you live, your refund can go far when paying for life insurance premiums.

Based on national averages, there's a good chance your tax refund will more than pay for your life insurance premiums every year.

«For the average person, using a tax refund to pay down outstanding unsecured higher - interest debts, like credit card debts, is a great way to use the extra cash,» he said.